Banking & Finance

Milwaukee-based Briggs & Stratton Corp. reported a fiscal fourth quarter net loss of $55.0 million, or $1.17 per share, compared with a net loss of $8.4 million, or 18 cents per share, in the same period a year ago.

Regardless of the intended purpose, the process of completing and implementing a trust involves layers of planning and analysis. This article touches on two of those layers.

JPMorgan Chase is eliminating 94 positions in its mortgage banking line of business, most of them in downtown Milwaukee. The bank had 1,967 employees in Wisconsin as of December 2012.

Kohl’s Corp. today reported second quarter net income of $231 million, or $1.04 per share, compared with $240 million, or $1.00 per share in the same period a year ago.

Milwaukee-based Briggs & Stratton Corp. today reported a fiscal fourth quarter net loss of $55.0 million, or $1.17 per share, compared with a net loss of $8.4 million, or 18 cents per share, in the same period a year ago.

Minority-owned American banks are more generous with their customers when it comes to interest rates on certificates of deposit. That’s according to a new study from the University of Wisconsin-Whitewater.

Milwaukee-based headphone manufacturer Koss Corp. reported fourth quarter net income of $4.6 million, or 62 cents per share, up from $931,891, or 13 cents per share, in the fourth quarter of 2012.

Milwaukee-based Strattec Security Corp. reported fourth flat fourth quarter profits, and a slight dip in profits for the full fiscal year.

Milwaukee-based grocer Roundy's Inc. reported that its second quarter net income fell 28.6 percent to $13.5 million, or 30 cents per diluted share, and that its net sales dipped 1.7 percent to $980.3 million, compared to the second quarter of 2012.

The Wisconsin Association of Financial Professionals will host its 25th Annual Conference on Tuesday, Sept. 10 from 8:15 a.m....